**TO ALL**
Got an investment package on GBIT E-Mailed to me from Jo at Liberty. LOOKS GOOD. Thought you might want to especially read this:
Overlooked NASDAQ Company Is The Growth Stock For 1998!
Market
Global Intellicom, Inc., is a world class company who creates solutions for
business communications through a combination of software, hardware, network
integration, and wireless technology. GBIT's growth rate this year is
expected to exceed 40% in some divisions. The total market size is
estimated around $1.1 trillion.
Operations
Vircom Technologies Group, Inc., through its recently integrated sister
company, National Computer Resources, Inc. ("Natcom"), is a value added
reseller and systems integrator that provides horizontal and vertical
software solutions, low voltage cabling and world class consulting on
networks integration services. They also provide design and fulfillment
services on custom designed systems and networks to meet every clients
needs. The company owns proprietary software and maintains strategic
reseller relationships with industry leaders such as Hewlett Packard, NCR
and Sun Microsystems. Vircom TG has recently opened a department to handle
the Year 2000 issue for its clients and they also provide temporary and
permanent staffing fulfillment.
Global-InSync, Inc., is a build-to-suit assembler of servers, workstations
and personal computers. Global-InSync distributes its product and its
associated repair and warranty services primarily through value added
resellers ("VARs") and system integrators ("SIs") which, in turn, sell
computer hardware and IT services to commercial enterprises and federal,
state and local government agencies.
Valuation:
GBIT should command a multiple of 5X revenues which would put the stock at
$40 to $45 per share. However, due to the small earning's position of the
company, ($.02 per share in the last quarter), GBIT should have a value of
around $8 per share currently. At the current level of $1.75 per share.
This makes the stock undervalued by as much as 4X.
Management
David A. Mortman |
